Treasury Wine Estates Limited (OTCMKTS:TSRYY) Sees Large Decrease in Short Interest

Treasury Wine Estates Limited (OTCMKTS:TSRYY) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 13,200 shares, a decrease of 87.9% from the February 29th total of 108,700 shares. Based on an average daily volume of 136,800 shares, the days-to-cover ratio is currently 0.1 days.

Treasury Wine Estates Stock Performance

TSRYY opened at $8.04 on Thursday. Treasury Wine Estates has a fifty-two week low of $6.64 and a fifty-two week high of $9.58. The firm has a 50-day moving average of $7.61 and a 200 day moving average of $7.37.

Treasury Wine Estates Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 7th will be paid a $0.0334 dividend. This is an increase from Treasury Wine Estates’s previous dividend of $0.00. The ex-dividend date is Wednesday, March 6th. Treasury Wine Estates’s dividend payout ratio is presently -65.14%.

About Treasury Wine Estates

Treasury Wine Estates Limited operates as a wine company primarily in Australia, New Zealand, Asia, Europe, the United Kingdom, the Middle East, Africa, and the Americas. The company engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. Its wine portfolio includes luxury, premium and commercial wine brands, such as 19 Crimes, Acacia Vineyard, Annie's Lane, Beaulieu Vineyard, Belcreme de Lys, Beringer Vineyards, Blossom Hill, Cavaliere d'Oro, Coldstream Hills, Devil's Lair, EMBRAZEN, Etude, Fifth Leg, Heemskerk, Hewitt Vineyard, Ingoldby, Jamieson's Run, Killawarra, Leo Buring, Lindeman's, Maison de Grand Esprit, Matua, Penfolds, Pepperjack, Rawson's Retreat, Rosemount Estate, Run Riot, Saltram, Samuel Wynn & Co, Secret Stone, Seppelt, Shingle Peak, Sledgehammer, Squealing pig, St Huberts, Stags' Leap Winery, Stellina di Notte, Sterling Vineyards, T'Gallant, The Walking Dead Wine, Wolf Blass, Wynns Coonawarra Estate, and Yellowglen.